Resirkulere

Resirkulere is an oilfield service company that focuses on recycling fresh water as required for coiled tubing plug drill out operations. The primary focus has been to clean the fresh water used by coiled tubing in order for reuse, thus eliminating the need for the acquisition, transport, storage, and disposal on an ongoing basis of fresh water as was the norm prior to the implementation of the “Magic Tank”.

The company has established its niche in the water recycling business in North Dakota using its water recycling technology to deliver service to its customers.

Given the “frontier” nature of the water recycling service industry it is difficult to benchmark Resirkulere’s success against any other but its own activity. Where water consumption triggers financial pressure, substantial savings have been realized in the North Dakots’a Bakken and all coiled tubing plug drill out operations.

Resirkulere is manufacturing new equipment, acquiring new employees and marketing its services to meet or exceed high levels of demand. There exists multiple other applications that can take advantage of this technology.

Future ambitions include completing the process necessary to return produced water to a “frac ready” state, greatly reducing the demand for a constant supply of new fresh water. With current costs dictating final water costs to be in excess of $12/bbl. and millions of bbls per well being used, any opportunity to reduce this cost can result in a significant savings, both in cash to the customer as well as in water savings to the environment. This process also eliminates the disposal of emulsified oil.